October 01, 2024 02:41 GMT
IDR: USD/IDR Higher on Powell’s Hawkish Comments.
IDR
- USD/IDR is up at 15,205 in Jakarta morning; versus yesterday's close of 15,140.
- Bloomberg Asia dollar spot index is lower by 0.12% at the open and the Bloomberg Dollar spot index unchanged.
- USD/IDR one-month implied volatility is up this morning to 7.45%, versus 7.39% yesterday’s close.
- Indonesia's 10-year bond yield is at 6.42%.
- Indonesia 5 yr USD CDS at 67bps (yesterday close 67bp, 5-year low 58bps in 2020).
Headlines
- The government is seeking a “good opportunity” in 4Q to issue dollar bonds for the 2025 budget prefunding amid declining interest rates (source: Investor Daily).
- The BI will permanently discontinue the publication of JIBOR for all tenors and will use a transaction-based rupiah interest rate reference Indonesia Overnight Index Average, or INDONIA (source: Bank Indonesia).
Data Releases
- S&P Global Indonesia PMI Manufacturing September 49.2 versus 48.9 prior.
Government Bond Auction
- Bank Indonesia to Sell 32D SVBI Bills.
- Bank Indonesia to Sell 182D SVBI Bills.
- Bank Indonesia to Sell 92D SVBI Bills.
- Indonesia To Sell 2030 Bonds (FR0104).
- Indonesia To Sell 2035 Bonds (FR0103).
- Indonesia To Sell 2038 Bonds (FR0098).
- Indonesia To Sell 2043 Bonds (FR0097).
- Indonesia To Sell 2054 Bonds (FR0102).
- Indonesia To Sell 364D, Bills (SPN12251002).
- Indonesia To Sell 90D, Bills (SPN03250101).
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